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2 Village Square Inn 14 Village Square Ln

17 Room Hotel Ogunquit, ME 03907 £5,098,665 (£299,921/Room)

Investment Highlights

  • This ideal property features a saltwater pool and a massage room on property for ultimate guest relaxation.
  • The property features excellent views of downtown and the ocean within walking distance to everything.

Executive Summary

Discover coastal charm and in-town living at 14 Village Square Lane. Located in the heart of picturesque Ogunquit, Maine this exquisite property offers a rare blend of size, location, elegance and modern comfort, making it the perfect compound for those seeking tranquility by the sea. The VIEWS overlooking Ogunquit Village and the Atlantic Ocean are unsurpassed. This 3.25 acre parcel contains a large outdoor entertaining area with pool, hot tub, deck and more. Step inside to find a spacious and inviting living and dining areas, with plenty of natural light creating a warm and inviting ambiance. Family and guests will have plenty of space with 18 bedrooms and 19 bathrooms. Enjoy the convenient access to Ogunquit's award winning beaches, shops, and restaurants, as well as a myriad of outdoor activities including walking, boating, golfing, and hiking. Property is currently operating as award winning 2 Village Square Inn and may continue to do so. Don't miss this opportunity to own a piece of coastal paradise.

Property Facts

Price £5,098,665
Price Per Room £299,921
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.01 AC
Building Size 17,432 SF
No. Rooms 17
Number of Floors 3
Year Built/Renovated 1886/2002
Tenancy Single
Parking Ratio 3.62/1,000 SF
Corridor Interior

Amenities

  • Pool
  • Spa
  • High Speed Internet Access
  • Patio
  • Public Access Wi-Fi
  • Smoke-Free
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 1 £240.03 -
Guest Room 16 £165.51 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
OGUN-000007-000000-000122
Land Assessment
£647,452
Improvements Assessment
£751,543
Total Assessment
£1,398,995

zoning

Zoning Code GBD1 (General Business District)
GBD1 (General Business District)
  • Listing ID: 31622661

  • Date on Market: 26/04/2024

  • Last Updated:

  • Address: 14 Village Square Ln, Ogunquit, ME 03907

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